Post
Topic
Board Bitcoin Discussion
Re: Can you use Bitcoin to pay everything online?
by
tw0.625
on 30/07/2023, 16:59:57 UTC
Bitcoin at the moment is not ready to be used as a currency or use for payment in my opinion, I mean first of all bitcoin was not accepted in a lot of stores nationwide, so there's no way you could pay for everything online or not just using bitcoin, Compared to the past years there are a lot more stores where Bitcoin is already accepted I remember I did create a topic related to small businesses that are already accepting bitcoin and there are only a few, But today there are already a lot of them and Bitcoin is already recognized as well but a lot of companies. But it wasn't just the issue since bitcoin, in my opinion, is not suitable for business, just because of the volatile market price, if you're going to use bitcoin as a payment on your business your just gonna need huge cash for cash flow because if someone pays bitcoin you cant use that amount anymore because it will automatically be invested on bitcoin you cant just sell it anytime because prices could go down easily or vise versa.

For me Bitcoin is just suitable for investment at the moment, but for sure we are going to see a lot of changes on Bitcoin in the future and maybe it will be suitable as a currency that we could use as well on every transactions.


What?


https://twitter.com/lipa_btc/status/1659482757146324994